LUX trading results + LUX small trading talks
I would name this week "one hit" right on target. The EUR/USD trade I closed yesterday (watch the video) increased the account balance by 3.12%, and increased the profitability this month to 6.29%.
After the Euro Dollar broke through the weekly EMA 200, the probability of continued growth increased and I was sure that the uptrend would continue. The daily and four-hour MACD moved into the positive area and this is a great confirmation signal for growth.
There is a weak divergence on the MACD so far, but it may become even smaller if the increase continues to the EMA 100 on the monthly chart, which is now at 1.14300. However, the overbought market may lead to a short term correction before the likely resumption of growth. The EMA 100 and EMA 200 lines shows the marker levels of support 1.11100 and 1.10370
I would name this week "one hit" right on target. The EUR/USD trade I closed yesterday (watch the video) increased the account balance by 3.12%, and increased the profitability this month to 6.29%.
After the Euro Dollar broke through the weekly EMA 200, the probability of continued growth increased and I was sure that the uptrend would continue. The daily and four-hour MACD moved into the positive area and this is a great confirmation signal for growth.
There is a weak divergence on the MACD so far, but it may become even smaller if the increase continues to the EMA 100 on the monthly chart, which is now at 1.14300. However, the overbought market may lead to a short term correction before the likely resumption of growth. The EMA 100 and EMA 200 lines shows the marker levels of support 1.11100 and 1.10370